The new app can crop, flip and rotate photos, or adjust exposure, saturation and tint, with option of converting to black-and-white. Two filters are included: Sketch renders a photo as a drawing, while Soft Focus simulates its namesake lens effect. Exposure and filter adjustments are generally made with swipe commands.

Some one-touch effects are included, such as Vibrant, which saturates colors. Pop presents a multi-image rendering with alternating colors, while Border adds a white frame, and Vignette Blur softens edges while keeping the center sharp. Other effects include Warm Vintage, Rainbow, White Glow and Soft Black and White.

Sounds pretty nifty, and not surprisingly, the app has already skyrocketed to the top of the most downloaded free apps list on iTunes.

Once a user has finished editing a particular photo, they can then upload it to their Photoshop.com account where they can then show it off to their friends or make further edits further edits if they so choose. Creating a Photoshop.com account is free and each account can store up to 2GB worth of photos.